Commentary – Archives

Equities.com
Is the Job Market Weakening?
Some are questioning if May’s weaker than expected employment gain is foreboding.

Equities.com
Amazon Hits $1000
Since its IPO, Amazon has generated a 66,566% total return for its investors.

Equities.com
Are Stocks Overvalued or Not?
The indicator most often used to measure stock valuations is the price-to-earnings (P/E) ratio.

Equities.com
Can What Goes Up, Go Higher?
In the past week, market pundits have been raising their concerns about the current valuations sported by stock market indices.

Equities.com
Where Does All The Money Go?
Inflation,as reported by the Consumer Price Index (CPI), rose 2.4% over the past year.

Equities.com
Should You Invest for the Long-Term or Cash Out Quick?
Is long-term or short-term investing most lucrative?

Equities.com
Which State Offers the Most Per Capita Income?
Washington, D.C. tops every state in America when it comes to take home personal income.

Equities.com
A 5.6¢ Drop in Gasoline Adds Up To Billions in Savings.
Year to date stock prices are up 6%.

Market Minute 02/28/2017
When The Run Is Done
Stocks have been on a run for ages.

Amazon (AMZN) vs. Walmart (WMT)
Was Buffet Right in Selling Walmart?
This time last year Warren Buffet’s company, Berkshire Hathaway owned over $3 billion in Walmart (WMT) stock.

2017 Letter to Investors
120 Years of Market Action
The January Barometer is a theory that if the market posts positive results for the month, stocks are apt to be up for the year…

Market Minute 12/23/2016
Consumer Sentiment Soars
It has been twelve years and eleven months since the Michigan Consumer Sentiment reached the 98.2 level.

Market Minute 12/13/2016
Trump & Tillerson
President-Elect Donald Trump has selected Rex W. Tillerson, Chairman and Executive Officer of Exxon Mobile (XOM),the world’s largest oil and gas company.

Market Minute 12/07/2016
Productivity Jumps 3.1 Percent
Professor and Nobel Prize-winning economist Paul Krugman said, “Productivity isn’t everything, but in the long-run it’s almost everything.”

Market Minute 11/17/2016
Economic Extravaganza
Today’s bevy of U.S. economic reports detail three important areas of interest: unemployment claims, consumer prices (inflation) and new residential construction.

Market Minute 11/01/2016
Personal Income Grew 3.9%, So What?
Delving into the Bureau of Economic Analysis’ Personal Income and Outlays reports seems to be a tale of two stories.

Market Minute 10/19/2016
Tumbling Housing Starts Precede Recessions
Residential construction unexpectedly took a turn for the worse.

Q4-2016 Letter to Investors
Equities & Election 2016
On November 8,2016, citizens of our nation will arrive at their respective precinct to vote for the President of the United States.

Market Minute 09/27/2016
Housing Prices Promises
The economy officially bottomed in June of 2009, according to the National Bureau of Economic Research (NBER).

Market Minute 09/19/2016
Are Standards of Living Improving?
The Consumer Price Index (CPI) rose 1.1 percent during the past 12 months…

Market Minute 08/29/2016
The Consumers’ Income Statement
Janet Yellen’s words painted an improving picture for the overall economy.

Market Minute 08/22/2016
Are Americans Investing in Booze?
Early on in my career as a money manager, I was told by a wise, wealthy gent to follow the money.

Market Minute 08/03/2016
Oil Price Conundrum
2016 has been anything but a banner year for energy prices.

Market Minute 07/26/2016
Will Earnings Lift Stock Prices Higher?
There is an old saying on Wall Street that earnings are the lifeblood of the market.

#Badwater Bound
Dear Family and Friends,
As many of you may already know, this weekend, I will be traveling to Death Valley, CA to participate in the Badwater 135 race.

Q3-2016 Letter to Investors
Olympic Spirit
Charles Jock hit the ground running as a 3-year-old.

Market Minute 06/27/2016
Will the Pounded Pound Bounce Back?
Markets are taking it on the chin after Brexit’s surprise wallop. In the past 12 months, the exchange rate of the British Pound to the U.S. Dollar averaged about 1.49 dollars to the pound.

Market Minute 06/20/2016
Does the Stock Market Shine in Summertime?
Summertime is synonymous with sunshine, vacations, bathing suits, ice cold beverages and all around fun. However, the climate has been gloomy at times when it comes to the stock market.

Market Minute 06/03/16
Is May’s Job Report Reflective of the Unemployment Rate?
May’s jobs report brings conflicting news. Economists’ consensus forecast called for an increase of 158,000 new hires, yet the actual number came in at a scant 38,000.

Market Minute 05/26/16
Does the Stock Market Shine in Summertime?
Summertime is synonymous with sunshine, vacations, bathing suits, ice cold beverages and all around fun.

Market Minute 05/11/16
Does Buying and Holding the S&P 500 Make Cents?
The S&P 500 has been quite a work horse when it comes to delivering value to its investors.

Market Minute 04/27/16
Is the VIX nearing a low point?
As we move towards seasonal weakness, May through October, which happens to be the worst six month period for stocks..

Market Minute 04/21/16
Even the Federal Reserve Can’t Agree on the GDP Forecast…
Today’s Bureau of Economic Analysis, GDP by Industry Report, takes a closer look at the segments that drove Gross Domestic Product in Q4-2015.

Q2-2016 Letter to Investors
Take warning of the misfortunes of others — Aesop
A lion, unable from old age and infirmities to provide himself with food by force, resolved to do so by artifice.

Market Minute 04/01/16
The Washington Jest
This morning Democrats and Republicans passed bi-partisan legislation
that is great for Americans!

Start With Desire
Becoming an Entrepreneur
I have founded and started numerous businesses over the past 30 years.

Market Minute 03/21/16
Testing One’s Mettle
It’s not every day that one is fortunate enough to test him or herself against the mightiest of foes, that is,
themselves.

Market Minute 03/09/16
Saving money is a blast!
Savvy Savings from $5 to $10 per Week

Market Minute 02/08/16
Economic Scorecard
U.S. stock markets, including the recent dollars’ sell-off, are down over 10% year-to-date.

Market Minute 02/01/16
As January Goes, So Goes the Year
The month of January was just plain rotten for stocks.

2016 Letter To Investors
Reagan’s Revival
The United States has evolved in countless ways over the past half-century.

Market Minute 12/07/15
When rates rise, what’s next?
Federal Reserve Chair Janet Yellen appears to be set on raising interest rates.

Market Minute 11/30/15
JADEN SMITH & LIFE
GQ Magazine in its November issue interviewed Jaden Smith – the now famous son of the inimitable Will Smith. Here’s an excerpt from the interview.

Market Minute 11/23/15
New Baby Congratulations
5 Practical Steps to Successful Parenting

Market Minute 11/16/15
Beating The Market
The Vanguard Group, presently the largest mutual fund provider in the world …

Market Minute 11/09/15
Bernie Sanders Bonanza
Who is Bernie Sanders?

Market Minute 10/26/15
Does Money Grow On Trees?
Several years ago, I decided that I wanted to grow a magnificent oak tree.

Market Minute 10/19/15
The Wright Flight
Inspiration can come from other people, personal experiences, watching a moving or reading a good book.

Q4-2015 Letter To Investors
Sinking Stocks
Globally, as well as here at home, financial markets have been roiled of late.

Market Minute 09/21/15
Fighting Fatigue
According to Merriam-Webster, middle age begins at 40 and ends at 60.

Market Minute 09/08/15
Serena Or Venus
I recently attended a conference where Tony Hsieh (Zappos CEO, successful entrepreneur and venture capitalist) was the keynote speaker.

Market Minute 08/31/15
Laboring Leadville
Last week, at the halfway point during the Leadville 100, my goose was cooked.

Market Minute 08/17/15
Business Mastery – Tony
Whoever said, “What happens in Vegas stays in Vegas” never attended a Tony Robbins event!

Market Minute 07/20/15
Winning At All Costs
How important is winning? Is winning at all costs worth it?

Q3 2015 Letters To Investors
Autonomous Autos – The Next Big Thing
“Everything, from how we move goods to how we move ourselves around, is ripe for change.” –KPMG

Market Minute 06/23/15
New York on A Budget
Four Boroughs in a Day on $20.

Market Minute 06/08/15
Jobs, Jobs & More Jobs
The economic machine is a plethora of moving parts.

Market Minute 06/01/15
10 Secrets to Success
I was reading the weekend addition of Investor’s Business Daily and came across the 10 Secrets to Success.

Market Minute 05/26/15
KEYS 100 “Defeeted”
Running a 100 miler can be quite a feat on one’s feet.

Market Minute 05/19/15
Riding a Secular Bull
Since the end of World War II there have been 12 bull markets.

Market Minute 05/11/15
What’s Up, Bond Yields?
Three weeks ago global bond yields tumbled in ways rarely seen.

Market Minute 05/04/15
SELL IN MAY!
According to Sam Stovall, Standard & Poor’s Chief Investment Strategist, the Sell in May portfolio rotation strategy has been around for quite awhile.

Market Minute 04/27/15
Saving Your Life
According to the household survey from the Board of Governors of the Federal Reserve System
– it’s time for a wake-up call.

Market Minute 04/20/15
$100 Bucks a Week
Life is amazing! In spite of headlines and news to the contrary, ..

Q2-2015 Letter to Investors
RAGS TO RICHES
The Dow Jones Industrial Average posted a -0.26% return during the first three months of the year.

Market Minute 03/30/15
Cancer Free
Polio at the correct doses may be the cure to cancer.

Market Minute 03/23/15
Running 51.4
This past weekend, I had the opportunity to step it up a bit.

Market Minute 03/16/15
Hanging On
Investors are similar in many ways.

Market Minute 03/10/15
THE “F” BOMB
I recently dropped in on a session of high school members of the Palm Beach Robotics League (PBRL) at the Florida Atlantic University in Boca Raton, Florida.

Market Minute 03/02/15
#DJIA TOP 10 DAYS
Over the past 10 years, the Dow Jones Industrial Average has risen from 10,503 to 18,132 today.

Market Minute 02/23/15
S&P 500 RECORD #101
The S&P 500 closed at 2,110.30 last Friday, an all-time high.

Market Minute 02/09/15
Boys Night Out
As a money manager, things are pretty much cut and dry in my world.

Market Minute 02/02/15
DJIA Year-to-Date Recap
The Dow has started the year off on a bumpy note posting -3.69% return for the month of January.

2015 Letter to Investors
The O’Brahma Bull
Michael Lewis, former Solomon bond trader and renowned author and journalist, penned the following article about the meteoric rise Meredith Whitney, banking analyst for Bloomberg news, on April 9th, 2008.

Market Minute 12/029/14
#DJIA +984.84 in 7 Days
The Dow Jones Industrial Average has been ripping to the upside. It is up 7 consecutive days, which is the longest stretch this year. Today, marks potentially the eighth consecutive day of positive advances. The market has risen 5.7% during this period.

Market Minute 12/022/14
#DJIA +4.31%
The past three trading sessions the Dow Jones Industrial Average has risen 4.31%, sparked by the “considerable time” stance by the Fed and seasonal strength that is welcomed this time of year.

Market Minute 12/15/14
#DourDow
Last week, the Dow Jones Industrial Average fell a total of -677.96 points or down 3.8%. It was the worst five day sell off since September 2009…

Market Minute 12/01/14
#OilMyMy
Oil Prices have dropped by over 38% since June 19th. The ripple effects from the dramatic selloff…

Market Minute 11/17/14
#BabyBoomersBlip
iPhone 6 Plus – a Boomer’s Take
How much have you heard, learned and experienced about Apple’s new 6 plus smart phone?

Market Minute 10/20/14
#Mistakephobia
iPhone 6 Plus – a Boomer’s Take
Ray Dalio, crowned the most successful hedge fund manager in history, wrote the following quote in his book, Principles.

Q4 2014 Letter To Investors
Q4-2014
To gain a sense of perspective, let me bring you up to date before looking towards the end of the year.

Market Minute 09/29/14
TIME TO VOTE
The recession officially ended in June of 2009. Since then, the economy has been either slogging its way along or ripping to record levels.

Market Minute 09/22/14
Marathons Make ¢ents
The Social Science Research Network recently published a research paper by economists Peter Limbach and Florian Sonnenburg on the relationship between a company’s CEO’s fitness level and its firm’s value.

Market Minute 09/15/14
KING $ DOLLAR
Over the past month or so, the U.S. Dollar has been making an interesting move. The graphs below provide a snapshot of how various assets and currencies have been responding with the dollar movement.

Market Minute 09/09/14
Hell Creek Ranch
This past weekend, I participated in a trail race aptly named Hallucination 100.

Market Minute 08/25/14
$Dollar a Day
The USA Today reported that 69% of Americans 18 to 29 years of age have nothing saved for retirement.

Market Minute 08/11/14
#Geneva
Slick Willie Sutton was the character best known for his quote, “You can’t rob a bank on charm and personality.

Common Cents 07/21/14
Common Cents – New Zealand 10yT 4.29%
Saving for tomorrow just makes good ¢ents. In today’s fast paced global world of finance there are investment choices that were not available a decade ago.

Market Minute 07/14/14
#FinancialFitness
Intellect over Emotion – I/E
In America, we are taught early on that the basis for living a long, healthy life begins with eating the right foods…

Q3 2014 Letter To Investors
Q3-2014 – #UnvolatileTimes
Fed Chair Janet Yellen (June 18, 2014 – Press Conference)

Market Minute 06/30/14
#Under Construction
Historically, a pickup in residential construction precedes commercial construction by about a year under ordinary circumstances.

Market Minute 06/23/14
DJIA HITS RECORD
Stocks closed at all time highs Friday with the venerable Dow Jones Industrial Average hitting its 9th record high of the year.